Shein Finalizes Acquisition of US Apparel Brand Everlane Amidst Ongoing Global Legal Battles

Shein is acquiring the US fashion brand Everlane from the private equity firm L Catterton for approximately 100 million dollars.This strategic move follows financial difficulties at Everlane and coincides with Shein’s ongoing global legal battle against Temu over copyright infringement.The acquisition aims to integrate Everlane’s sustainability-focused reputation while Shein continues to address legal challenges in the High Court in London.
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